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Median House Prices in Luxury Suburbs of NSW and Queensland, Australia

by Marquette Turner

in Features, Money & Business, Real Estate Radar, Resources, Variety

The Sydney median house price results for the 6 months to December 2009 have shown a recovering Luxury market with some fantastic gains throughout the Eastern Suburbs and the Lower North Shore.

The median sale prices (houses) in the 6 months to December include:
Woollahra – $1.785 million
Kensington – $1.35 million
Randwick – $1.2 million
Mosman – $2 million
Vaucluse – $3.335 million

The Queensland market has also continued its recovery with some excellent median sale prices (houses) in the 6 months to December, including:
Newstead – $638,000
Hamilton – $748,000
Main Beach – $1.9 million
Noosa – $771,000

I expect a continued improvement as the year unfolds and look forward to the first quarter results for 2010, which of course I will report back to you.

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